Important legal information about the e-mail you will be sending. By using this service, you agree to input your real e-mail address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an e-mail. All information you provide will be used by Fidelity solely for the purpose of sending the e-mail on your behalf. The subject line of the e-mail you send will be "Fidelity.com: "
Fidelity Investments® Releases 2014 Global Investment Outlook for 10 Major Equity Sectors
Fidelity Experts Provide Annual Breakdown of Equity Sectors: U.S. Housing Recovery Driving Potential Returns, While U.S. Fiscal and Monetary Policies Remain Top Macroeconomic RisksBOSTON -- Fidelity Investments®, a leading global asset management firm with $1.9 trillion in managed assets, today released its annual investment outlook for the industry’s 10 major equity sectors. In the new report, Fidelity’s sector portfolio managers share their perspectives on the top global and U.S. domestic investment opportunities and risks to expect in 2014.
Several of the investment themes highlighted in Fidelity’s outlook cut across multiple sectors, including the ongoing recovery in the U.S. housing and non-residential construction markets, the growing middle-class populations and rising wealth in emerging markets, isolated but improved economic indicators in Europe, and various macroeconomic trends.
“The positive performance of the U.S. equity market in 2013 has been underpinned by compelling returns in all 10 sectors with nine out of 10 generating positive earnings growthi,” said Chris Bartel, senior vice president, Global Equity Research at Fidelity Investments. “As our team of sector investment professionals looks to 2014, they are closely monitoring industry and company-specific fundamentals as solid revenue growth, healthy margins and shareholder-friendly capital deployment are the key to continued earnings growth. We expect the 2014 insights to help investors capitalize on opportunities and manage risk as many of them conduct an annual portfolio review.”
The following table highlights some of these risks and opportunities (click the below links for the full thought leadership paper and investment insights).
Fidelity, which has more than 30 years of global sector investing experience, currently offers 44 actively-managed sector mutual funds with more than $60 billion in assetsii, the industry’s largest lineup of sector mutual funds.iii In addition, Fidelity recently introduced 10 passive sector ETFs to complement its active sector fund line-up, providing investors with more choice. Fidelity also offers a wealth of sector investing resources such as online learning modules, portfolio tools and timely sector investment perspectives -- all on fidelity.com and advisor.fidelity.com, including:
• The Sector Portfolio Builder tool, which allows investors to build and model hypothetical sector-based portfolios, as well as compare the historical performance and risk of those portfolios to benchmark indices.
• A series of educational sessions within the Fidelity Learning Center on fidelity.com, where investors can take sector-specific courses, read articles and participate in webinars.
About Fidelity Investments
Fidelity Investments is one of the world’s largest providers of financial services, with assets under administration of $4.5 trillion, including managed assets of $1.9 trillion, as of November 30, 2013. Founded in 1946, the firm is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and many other financial products and services to more than 20 million individuals and institutions, as well as through 5,000 financial intermediary firms. For more information about Fidelity Investments, visit www.fidelity.com.
i Year-to-date performance through October 31, 2013. Sector returns represented by S&P 500 sectors, and defined by Global Industry Classification Standard (GICS®). All sector equity returns include reinvestment of dividends and interest income. Past performance is no guarantee of future results. Source: FactSet, Fidelity Investments.